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Tesla Daily: Tesla News & Analysis

Jack Ma/Elon Musk at WAIC, China & Europe Updates, KBB Brand Watch (08.29.19)

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tsla, Model3, Technology, News, Tesla, Investing, Tech News, Modely, Business, Models, Modelx

4.8 β€’ 1.1K Ratings

πŸ—“οΈ 30 August 2019

⏱️ 12 minutes

🧾️ Download transcript

Summary

– Jack Ma and Elon Musk discuss AI and other topics at the World Artificial Intelligence Conference in China
– Camouflaged Model 3 spotted at Shanghai service center
– Wedbush analyst note and other European updates
– KBB brand survey finds interesting insights on Tesla brand (Link)

Links:
Email > [email protected]
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Executive producer Rob Gill
Executive producer Jeremy Cooke
Executive producer Nick Wood
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

The post Jack Ma/Elon Musk at WAIC, China & Europe Updates, KBB Brand Watch (08.29.19) appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Thursday August 29th

0:09.8

2019 edition of Tesla Daily Unofficial Tesla Podcast.

0:13.5

My name is Rob Ma.

0:14.2

Today we're talking about some international news,

0:16.2

including Elon's presentation with Jack Ma

0:18.7

at the World Artificial Intelligence Conference yesterday,

0:21.5

as well as a couple notes from Europe and then a survey on

0:23.8

luxury vehicles from Kelly Bluebook. Tesla stock on the day today was up 2.84

0:28.6

percent to $221.71 cents that compared to the NasDAQ also with a strong day up 1.48%.

0:36.2

There may have been a small boost today from an updated note from Wedbush, with analyst Dan Ives

0:41.2

maintaining a hold rating on Tesla stock and his $220 price target.

0:46.6

The note was mixed but did express some positivity around Europe, saying, quote,

0:51.4

Europe demand thus far is a positive development for Tesla, but it does up, We may have a little bit of data backing that up. During the quarter we get access to registration data from

1:06.0

the Netherlands, Norway, and Spain, as those registrations occur,

1:10.1

so we can compare those quarter over quarter.

1:12.0

You can find graphs of this at

1:13.6

EU-evies.com, but so far on the quarter we're 46 days in and in those three

1:19.4

countries Tesla's overall registrations have been 3,127 versus at this point 46 days into Q2.

1:27.0

They were at 2836.

1:29.3

So about 10% higher so far, quarter to date. So that's a good sign though the normal

1:34.2

caveat does still apply this registration data may not be a good representation

1:38.4

of demand because Tesla can change how it's allocating production quarter

...

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